Admin 2: Electric Boogaloo

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Players refusing a wage cut and who can blame them . ****ing club is a shambles .

And yet yon hedgefund are still buying up shares in a sinking ship ?

Why ?
 
Gustavo Fring said:
An utter disgrace that it's come to this.
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I concur.

We have wasted an absolute fortune on players we just didn't need for this league. We're still paying massive wages to the last of the detritus that joined us last season when we were panic buying. I can understand the players not taking pay cuts this time. It's the wastage at board level that really concerns me.
 
My worry is there seems to be continued shenanigans behind the scenes .

We have ****s on the board that have run the club into the ground .....again . Everybody and their granny knew they were going about things the wrong way , living way beyond our means , buying players we didn't need and paying them wages we couldn't afford .

Yet .

When it comes to an AGM and a chance to rid the club of chancers like Stockbridge investors who own millions of pounds worth of shares vote to keep them in place .

Why ? It makes no sense to me . And why are hedgefund managers still buying shares in a company that looks to be on the verge of administration ?
 
Moses said:
I wondered that myself Aldo it doesn't make sense.
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You know what Mo it's getting to the stage where I'm thinking the best thing that could happen to RFC is another Admin/liquidation .

Only this time we get an administrator that isn't dodgy as f**k .
 
eric cartman said:
It's because they are intent on asset stripping your club.
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Really ? Asset stripping eh ?

A stadium that can only be used as a stadium and can't be demolished because it's a listed building and a training ground that can't be built on .

I don't think they have thought this through .
 
aldotheapache said:
Really ? Asset stripping eh ?

A stadium that can only be used as a stadium and can't be demolished because it's a listed building and a training ground that can't be built on .

I don't think they have thought this through .
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Or can be sold and then leased back.
 
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